Loan Amount
Up to ₹75 Lakh
Interest Rate
Starting at 15%* p.a.
Loan Tenure
6-48 Months

Business Loan EMI Calculator

Calculate your monthly repayments with our EMI calculator. Just enter the loan amount, tenure, and interest rate. Try now!

Optimise Your Business Loan Experience
With Monthly Budget Planning

Monthly Payable Amount₹8,791
Principal Amount
₹100000
Interest Payable
₹5,493

Loan Amount

Interest Rate

%
15%
30%

Tenure

Months
6 Months
48 Months

Why Choose Poonawalla Fincorp

High Loan Amount High Loan
Amount
Collateral-free laon Collateral-free
Loan
Attractive Interest Rates Competitive
Interest Rate
Minimal Paperwork Minimal
Documentation
Quick
Approval
Flexible
Repayment Tenure

Apply for a Business Loan Online in Just 3 Steps

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Click on "Apply Now”

Tap the "Apply Now" button to initiate your application.

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Enter Details

Enter your DOB, PAN card number, monthly income, and residential details.

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Upload Documents

Upload the necessary documents for quicker approval.

On successful verification, the loan amount will be disbursed into your bank account instantly.

Get exclusive offers thoughtfully customised just for you

Fulfil our simple eligibility criteria to qualify:

  • Age: Between 24 and 65 years.
  • Citizenship: Indian.
  • Business Vintage: Minimum 2 years.
  • Annual Turnover: Minimum ₹6 Lakh.

Skip the heavy paperwork and submit just the essential documents:

  • KYC Documents
  • Business Address Proof
  • Financial Documents

Click to know more about the documentation in detail.

We offer Business Loan at attractive interest rate and nominal charges:

Interest Rate
15%* p.a. onwards
Loan Amount
₹5 Lakh to ₹75 Lakh
Loan Processing Fees
Up to 3.5%
Lowest EMI Per Month
Starting from ₹13,915* per Lakh for 48 months
Loan Tenure
6-48 months
Prepayment/Foreclosure Charges
Up to First 6 EMIs: 6% on principal outstanding + taxes

After 6 EMIs: 5% on principal outstanding + taxes
Default Charges
24% p.a. + taxes
Repayment Instrument Dishonour Charges
₹500 per bounce
Stamp Duty
At actuals (as per state)
Hidden Charges
Nil

Default Charges: Penalty will be charged for nonpayment of EMI amount and for non-compliance of material terms and conditions, as more particularly specified at Default Charges.pdf

*T&C Apply

  • Funding working capital needs
  • Purchasing inventory
  • Funding marketing campaigns
  • Research and development expenses
  • Renovating office spaces
  • Purchasing of machinery
  • Small business owners
  • Women entrepreneurs
  • Retail shop owners
  • MSMEs
  • Sole proprietors
  • Check your credit score
  • Demonstrate healthy repayment abilities
  • Ensure you meet the eligibility criteria
  • Arrange all the required documentation
  • Provide accurate information
  • Avoid multiple applications

Poonawalla Fincorp Limited

Address: 3rd floor, Kandakatla's Gateway, Block D, Shop No.12 & 13, No.5-11-503 & 504, KUC Cross Road, Naim Nagar, Hanamkonda, Warangal, Telangana-506009

Contact Number: 1800-266-3201 (Toll Free)

Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)

 

Get Funds Quickly With
Minimal
Documentation

1

Click 'Apply Now' Fill out the online form to start your loan application.

2

Upload Documents Provide your KYC documents to complete the verification.

3

Get Funds Get the loan amount
disbursed to your bank account.

Happy Customers, Happy Us

Get exclusive access to simplified
Personal Finance
Information at
Poonawalla Fincorp’s FinHub

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Frequently Asked Questions

A Business Loan is a source of business financing that offers funds to fulfil all your business needs, such as working capital requirements, funds for scaling up operations, inventory management, launching new products, spending on marketing, etc.

Upon defaulting on our Business Loan EMIs, a penal interest of 2% is levied on the defaulted EMI amount each month. Additionally, for bounced cheques, a penalty of ₹500 per bounce is levied.

Yes, there is a fee for prepaying a Business Loan. If you choose to prepay the loan within the first 6 EMIs, you will be charged 6% on the principal outstanding plus taxes. If you decide to prepay the loan after the first 6 EMIs, the fee will be 5% on the principal outstanding plus taxes.